Recognise Bank increases loan book by 30% and announces Milton Keynes office to support continued growth
Recognise Bank has grown its loan book by over 30% during the financial year, to more than £400m, at the same time as exceeding £500m in deposits for the first time. The bank, which has ambitious growth plans and aspirations to work with an even wider number of SMEs, has also announced the opening of […]
The Intermediary interviews Tristan Mahoney, CFO, Recognise Bank
Tristan Mahoney, chief financial officer at Recognise Bank, shares how the specialist lender is building momentum across SME lending and savings, the steps being taken to streamline operations and strengthen its team, and why the Bank’s recent move into profitability marks just the start of its next phase of growth. Since joining Recognise Bank as […]
Recognise Bank Welcomes Tristan Mahoney as Chief Financial Officer
Recognise Bank is pleased to announce the appointment of Tristan Mahoney as Chief Financial Officer, subject to regulatory approval. Tristan joins to oversee the Bank’s financial operations and support the growth plans aimed at continuing to support UK SMEs and property investors. He brings with him an impressive breadth of commercial knowledge and experience in […]
Recognise Bank launches Business 2 Year Fixed Account at 4.37%
Recognise Bank has launched a new savings product for businesses – the Business 2 Year Fixed Account, offering an attractive 4.37% AER. This fixed term savings account provides businesses with a stable and predictable return, helping them manage their financial future with confidence. Designed for businesses looking to lock in their savings at a competitive […]
Recognise Bank appoints new Chief Commercial Officer
Following its recent £25m capital raise, Recognise Bank is pleased to announce the appointment of Caroline Luxmore as Chief Commercial Officer. This latest capital injection takes the total raised by the Bank to over £120 million and will fuel the Bank’s continued growth and support for its customers, brokers and strategic partners with their real […]
Vote for Recognise Bank at the British Bank Awards 2025
Voting is now open for this year’s British Bank Awards, run by Smart Money People! The British Bank Awards celebrate the very best in the financial service sector and we are thrilled to announce that Recognise Bank has been entered into the Best Business Banking Provider and Best Savings Provider awards. By casting your vote […]
A Year in Review: Recognise Bank’s 2024 Lending
As we say goodbye to 2024, we’ve taken some time to reflect on our commitment to supporting SME business owners and property entrepreneurs through tailored lending solutions and have put together a selection of the successful deals we’ve completed in the last year that demonstrate the breadth of lending and our geographic reach. Complex deals, […]
A winning start to 2025 for Recognise Bank
Recognise Bank is pleased to start 2025 with news of a Double Gold win at the Moneynet 2025 Awards. The Bank has been awarded ‘Best Monthly Interest Savings Provider’ for the second year in a row. The Moneynet Personal Finance Awards celebrate the best in the market for their achievements throughout the year. Recognise Bank’s […]
Jean Murphy steps down as Recognise CEO
Recognise Bank has confirmed that outgoing Chief Executive Officer (CEO), Jean Murphy, will leave the business on 31st December 2024. Jean joined Recognise Bank as CEO in August 2022 and has led the Bank through a period of considerable change. Under her leadership, the Bank has achieved a number of significant milestones including de-listing from […]
Recognise Bank releases Annual Report for 2024
Recognise Bank is pleased to release its Annual Report for 2024. During the year, Recognise Bank made progress in growing its business, achieving an increase in its loan book of 148% to £303m and in deposits of 106% to £412m. Overall, the Bank improved its financial performance, with the loss for the year reducing to […]
